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Market at 29 January 2009 DJIA Open 8373.06 High 8373.14 Low 8137.94 Close 8149.01 NASDAQ Open 1537.19 High 1537.84 Low 1505.70 Close 1507.84 S&P500 Open 868.89 High 868.89 Low 844.15 Close 845.14 All Economic data released today show a lower data than last release and missed analyst estimation. It make market move in negative teritory again after gaining yesterday. 29 January 2009 before market open, MMM, F, CELG, LLL and RTN release their earning report. MMM release a lower earning than last year earning but better than analyst estimate and expect mixed guidance. CELG earning release better than analyst estimate and higher than last year earning but they expect downside guidance. LLL and RTN earning release better than analyst estimate and higher than last year earning but still they expect mixed guidance. F earning release missed analyst estimation and lower than last year earning. DJIA moving in negative territory, passed support at 8250 then close at 8149.01. NASDAQ mov...

Market at 28 January 2009 DJIA Open 8175.93 High 8405.87 Low 8175.93 Close 8375.45 NASDAQ Open 1532.52 High 1568.33 Low 1530.03 Close 1558.34 S&P500 Open 845.73 High 877.86 Low 845.73 Close 874.09 The FOMC meeting release their policy to moving closer and continue the market intervention with buying long-term Treasuries and expanding its $600 billion program to buy home-finance debt. They also warn the risk of deflation addressed worsening economic condition. Meanwhile Crude Inventories release rose 6.2 million barrels, double the average of analyst estimation. 28 January 2009 before market open, T, BA, BEN, HES and WFC release their earning report. All release showed lower earning than last year and missed analyst estimation. DJIA moving in positive teritory, passed resistance at 8300 then close at 8375.45. NASDAQ moving in positive teritory, passed resistance at 1525 then close at 1558.34. S&P500 moving in positive teritory, passed resistance at 860 then close at 874....

Market at 27 January 2009 DJIA Open 8117.39 High 8225.79 Low 8083.14 Close 8174.73 NASDAQ Open 1496.90 High 1513.21 Low 1488.81 Close 1504.90 S&P500 Open 837.30 High 850.45 Low 835.40 Close 845.71 November S&P/CaseShiller Composite release lower than last release but meet analyst estimation. January Consumer Confidence release lower than last release and missed analyst estimation. 27 January 2009 before market open, DD, X and VZ will release their earning report. DD release lower earning than last year and missed analyst estimation. X earning release surprised analyst estimation and increase from last year earning. VZ release their report lower than last year earning but still meet analyst estimation. DJIA moving in trading range between support at 8000 and resistance at 8250 then close at 8174.73. NASDAQ moving in trading range between support at 1490 and resistance at 1515 then close at 1504.90. S&P500 moving in trading range between support at 835 and resistance at...

Market at 26 January 2009 DJIA Open 8078.04 High 8231.68 Low 8023.16 Close 8116.03 NASDAQ Open 1479.23 High 1514.38 Low 1470.81 Close 1489.46 S&P500 Open 832.50 High 852.53 Low 827.69 Close 836.57 Before market open, CAT, FCX, HAL, MCD and PFE release their earning report. CAT report earning lower than last year earning, missed analyst estimation and expect downsize guidance. FCX report earning much lower than last year earning but release a better earning from analyst estimation. While HAL, MCD and PFE report their earning higher than last year earning and beated analyst estimation. But still PFE expect a downsize guidance. December Existing Home Sales and Leading Indicators release was better than analyst estimation and showing an increase result from last month release. DJIA testing their resistance at 8275 and held by support at 7950 then close at 8116.03. NASDAQ testing their resistance at 1530 and held by support at 1450 then close at 1489.46. S&P500 testing their r...

Market at 23 January 2009 DJIA Open 8108.70 High 8152.50 Low 7909.00 Close 8077.50 NASDAQ Open 1441.50 High 1495.20 Low 1434.00 Close 1477.20 S&P500 Open 822.16 High 838.61 Low 806.07 Close 831.95 23 January 2009 after market close, GE and SLB release their earning report. GE report earning at $0.37, inline with analyst estimation, but fall from last year earning. While SLB report their earning lower than last year earning and missed analyst estimation. DJIA move to negative teritory and held by support at 7850, then they rebound to resistance 8150 and close at 8077.50. NASDAQ move to negative teritory and held by support at 1440, they rebound to resistance 1490 and close at 1477.20. S&P500 move to negative teritory and held by support at 810, they rebound to resistance 840 and close at 831.95 Market at 26 January 2009 DJIA Support at 7950, if this support break, DJI will move to 7800. Resistance at 8175, if this resistance break, DJI will move to 8275. NASDAQ Suppo...

Market at 22 January 2009 DJIA Open 8224.43 High 8224.83 Low 7957.14 Close 8122.80 NASDAQ Open 1469.04 High 1492.47 Low 1444.08 Close 1465.49 S&P500 Open 839.74 High 839.74 Low 811.29 Close 827.50 LMT post a better than estimate and beat last year result, they also release a mixed guidance for next quarter earning. POT post a better than estimate and beat last year result, but give a downside guidance for next earning. MSFT post a lower earning than last year earning and missed analyst estimation. UNP post a better than estimate but still lower than last year result and no guidance release. DJIA move to negative teritory and held by support at 8000, then they rebound to resistance 8200 and close at 8122.80. NASDAQ move to negative teritory and held by support at 1445, they rebound to resistance 1485 and close at 1465.49. S&P500 move to negative teritory and held by support at 815, they rebound to resistance 840 and close at 827.50 Market at 23 January 2009 DJIA Suppo...

Market at 21 January 2009 DJIA Open 7949.17 High 8243.55 Low 7936.19 Close 8228.10 NASDAQ Open 1464.33 High 1507.52 Low 1444.90 Close 1507.07 S&P500 Open 806.77 High 841.72 Low 804.30 Close 840.24 All Index moved to positive teritory as President Barack Obama’s plan to shore up lenders and Bank of America Corp. share purchases by company executives. Market at 22 January 2009 DJIA Support at 8150, if this support break, DJI will move to 8000. Resistance at 8350, if this resistance break, DJI will move to 8450. NASDAQ Support at 1485, if this support break, NASDAQ will move to 1460. Resistance at 1530, if this resistance break, NASDAQ will move to 1550. S&P500 Support at 830, if this support break, S&P500 will move to 815. Resistance at 850, if this resistance break, S&P500 will move to 865. Economic Data Release at 22 January 2009 There is no Economic Data Release today. Earning Report Yesterday earning report after market close. AAPL post a better than estima...

Market at 20 January 2009 DJIA Open 8279.63 High 8291.98 Low 7939.93 Close 7949.09 NASDAQ Open 1518.07 High 1521.85 Low 1440.86 Close 1440.86 S&P500 Open 849.64 High 849.64 Low 804.47 Close 805.22 Presidential Inauguration didn't make market move up, market still concern on financial sector deep trouble. Market worried and speculate about C, BAC, HBC, WFC and RBS. All Index moved to negative teritory as market worried about financial sector condition that led by new doubts about the health of major banks. Market at 21 January 2009 DJIA Support at 7800, if this support break, DJI will move to 7700. Resistance at 8050, if this resistance break, DJI will move to 8175. NASDAQ Support at 1400, if this support break, NASDAQ will move to 1385. Resistance at 1500, if this resistance break, NASDAQ will move to 1550. S&P500 Support at 790, if this support break, S&P500 will move to 775. Resistance at 835, if this resistance break, S&P500 will move to 860. Economic ...

Market at 16 January 2009 DJIA Open 8215.67 High 8341.20 Low 8109.34 Close 8281.22 NASDAQ Open 1534.91 High 1538.82 Low 1490.35 Close 1529.33 S&P500 Open 844.45 High 858.13 Low 830.66 Close 850.12 December Core CPI released at the same level as last report while CPI release a better report. December Industrial Production and Capacity Utilization release missed analyst estimation, and it made index fall after market open. January Mich Sentiment-Prel report show an increase form last report from 60.1 to 61.9. DJIA moved to negative teritory and held at 8100, DJIA rebounded and closed at 8281.22. NASDAQ opened gap up then they moved to negative teritory from market open till 12.00 ET to "close the window", they held at 1490. Then they rebounded and close in positive teritory at 1529.33 S&P500 moved to negative teritory from market open till 12.00 ET and held by support at 830, they rebounded back and close at 850.12. Market at 20 January 2009 DJIA Support at 8...

Market at 15 January 2009 DJIA Open 8196.24 High 8286.16 Low 7995.13 Close 8212.49 NASDAQ Open 1485.66 High 1521.58 Low 1456.72 Close 1511.84 S&P500 Open 841.99 High 851.59 Low 817.04 Close 843.7 December PPI better than last month result but missed analyst estimation and Core PPI release a better than analyst estimate. Producer price level already show a sign of recovery. 10 January 2009 Initial Claim missed analyst estimation and show that unemployment rate still high. Market reacted on this release and bring all index down. January Empire Manufacturing Index and Philadelphia Fed release a good result rather than last month. DJIA move to negative teritory and held by support at 7950, DJIA rebounded and closed at 8212.49. NASDAQ move to negative teritory and held by support at 1450. Then they rebounded and close in positive teritory at 1511.84 S&P500 move to negative teritory and held by support at 820, but they rebounded back and close at 843.7. Market at 16 January 20...

Market at 14 January 2009 DJIA Open 8446.01 High 8446.25 Low 8140.72 Close 8200.14 NASDAQ Open 1521.33 High 1528.65 Low 1485.26 Close 1489.64 S&P500 Open 867.28 High 867.28 Low 836.93 Close 842.62 December Export Prices ex-ag. and Import Prices ex-oil report a better price than last report. December Retail Sales data plunged and missed analyst estimation. Market took it as a strong signal of worsen economic condition. November Business Inventories give the same indication. Crude Inventories indicate a good supply but showing a weak consuption. Fed Beige Book release a story of dismal retail and vehicle sales, declining manufacturing, and worsening real estate markets. All index move in negative teritory as retail sales plunged. Meanwhile Citigroup and Bank of America faced new doubts over their ability to fund their massive losses. It make their shares sank and drive the market down. DJIA move in negative teritory, held by support trendline at 8120 NASDAQ move in negative ter...

Market at 13 January 2009 DJIA Open 8,474.61 High 8,522.08 Low 8,376.88 Close 8,448.56 NASDAQ Open 1,535.15 High 1,557.95 Low 1,527.47 Close 1,546.46 S&P500 Open 869.79 High 877.02 Low 862.02 Close 871.79 November Trade Balance post a better report than last report and beat analyst estimation. December Treasury Budget report a bigger decrease than last report, but still meet analyst estimation. DJIA move on negative teritory, passed support at 8400 but held by next support at 8300. NASDAQ move on positive teritory, testing resistance at 1560, then move down and held by support at 1520. NASDAQ closed in positive area at 1546.46. S&P500 move on positive teritory, try to test resistance at 885, then move down and held by support at 860. S&P500 closed in positive area at 871.79. Market at 14 January 2009 DJIA Support at 8375, if this support break, DJI will move to 8300. DJI Resistance at 8525, if this resistance break, DJI will move to 8600...

Market at 12 January 2009 DJIA Open 8,599.26 High 8,602.60 Low 8,421.08 Close 8,473.97 NASDAQ Open 1,572.41 High 1,573.46 Low 1,528.00 Close 1,538.79 S&P500 Open 890.40 High 890.40 Low 864.32 Close 870.26 Market at 13 January 2009 DJIA Support at 8400, if this support break, DJI will move to 8300. DJI Resistance at 8575, if this resistance break, DJI will move to 8700. NASDAQ Support at 1520, if this support break, DJI will move to 1500. DJI Resistance at 1560, if this resistance break, DJI will move to 1600. S&P500 Support at 860, if this support break, DJI will move to 850. DJI Resistance at 885, if this resistance break, DJI will move to 900. A BIG POSSIBILITY THAT ALL INDEX WILL REBOUND Economic Data Release at 13 January 2009 November Trade Balance will be release at 8.30 ET, Analyst estimate a better defisit from -$57.2B to -$51.0B. December Treasury Budget will be release at 14.00 ET, Analyst estimate release at -$33B, a better result from last release. Ea...